factual

Is the Sales Representative Agreement included as Exhibit A-3 in the Exit FDD?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

EXHIBIT A-3 SALES REPRESENTATIVE AGREEMENT (SAMPLE)

Source: Item 22 — CONTRACTS (FDD page 42)

What This Means (2025 FDD)

Yes, according to Exit's 2025 Franchise Disclosure Document, a sample Sales Representative Agreement is included as Exhibit A-3. The document excerpt displays an image of the exhibit cover page, which includes the title "EXHIBIT A-3 SALES REPRESENTATIVE AGREEMENT (SAMPLE)".

This indicates that Exit franchisees will likely use a standard agreement when engaging sales representatives. The franchisee must maintain a written Sales Representative Agreement with each of its sales representatives, and the agreement must be in a form approved by Exit or its subfranchisor. Franchisees must also provide the subfranchisor and franchisor with the version of the sales representative agreement they are using in their office.

Prospective Exit franchisees should carefully review this agreement to understand the obligations and responsibilities they will have towards their sales representatives, as well as the obligations and responsibilities the sales representatives will have towards the franchisee and Exit. Understanding the terms of this agreement is crucial for managing relationships with sales representatives and ensuring compliance with Exit's standards.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.